MFN Right definition

MFN Right shall have the meaning ascribed to such term in Section 5.15.
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MFN Right has the meaning given to such term in Section 6.5(a).
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MFN Right is defined in Section 2.4(i).
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Examples of MFN Right in a sentence

  • Notwithstanding anything contained herein to the contrary, the MFN Right shall also apply to an Exempt Issuance.

  • The MFN Right shall apply to all applicable terms of any such transaction, including, without limitation, interest rate, exchange ratio, premiums and fees/OID (for backstop services or otherwise), in a manner to be agreed upon.

  • While this Debenture or any principal amount, interest or fees or expenses due hereunder remain outstanding and unpaid, the Holder shall be entitled to accept the securities and terms of any Subsequent Financing and exercise the MFN Right pursuant to the terms and conditions set forth in the Purchase Agreement.

  • The Purchaser may exercise its MFN Right under this Section 4.20 by providing the Company written notice of such exercise within five Business Days of the public announcement of the completion of the Future Transaction.

  • Moreover, we must ensure that we follow the applicable guidelines for jurisdictions where economic sanctions have been levied.

  • While this Debenture or any principal amount, interest or fees or expenses due hereunder remain outstanding and unpaid, the Holder shall be entitled to accept the securities and terms of any Subsequent Financing and exercise the MFN Right pursuant to the terms and conditions set forth in Section 4.19 of the Purchase Agreement.

  • If the Parties do not resolve the Disagreement during the Business-Person Meet and Confer, or within 10 days thereafter, PG&E and the involved District or Districts shall in good faith discuss whether to retain a mediator to help the Parties attempt to resolve the Disagreement; however, neither Party shall be obligated to enter into mediation.

  • The Contributor may in its sole discretion choose to have such MFN Rights extended to itself by issuing a notice in writing to the Investment Manager within 15 (fifteen) Business Days of receipt of the MFN Notice (“MFN Election Notice” and the elected MFN Right being an “Elected MFN Right”).

  • The royalty rate determined by such valuation firm shall be binding on Buyer and Seller (subject to the MFN Right).

  • While this Note or any Principal Amount, or fees or expenses due hereunder remain outstanding and unpaid, the Holder shall be entitled to accept the securities and terms of any Subsequent Financing and exercise the MFN Right pursuant to the terms and conditions set forth in the Purchase Agreement.

Related to MFN Right

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Preemptive Right has the meaning set forth in Section 9.6(a).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Step-In Rights means the right of one party to assume an intervening position to satisfy all terms of an agreement in the event the other party fails to perform its obligations under the agreement.

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Stock Right means an Award under Article VI of the Plan. A Stock Right may be either a Stock Appreciation Right or a Limited Stock Appreciation Right.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Employee Option means an Option granted pursuant to Section 5.

  • Exchange Right has the meaning set forth in Section 2.1 hereof.

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Capacity Transfer Right means a right, allocated to LSEs serving load in a Locational Deliverability Area, to receive payments, based on the transmission import capability into such Locational Deliverability Area, that offset, in whole or in part, the charges attributable to the Locational Price Adder, if any, included in the Zonal Capacity Price calculated for a Locational Delivery Area.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.